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The interest rate to be paid on the face amount of the bond is called the a. contract rate. b. effective rate. c. discount rate. d. premium.
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The interest rate to be paid on the face amount of the bond is called the

a. contract rate.
b. effective rate.
c. discount rate.
d. premium.

User William Chan
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The interest rate to be paid on the face amount of the bond is called contract rate
User Vivek Parmar
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